UBS upgraded PNC from Neutral to Buy and set a new price target of $179.00 from $165.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/15/2024 | $185.00 → $200.00 | Neutral → Buy | BofA Securities |
| 7/8/2024 | $165.00 → $179.00 | Neutral → Buy | UBS |
| 3/28/2024 | $141.00 → $155.00 | Reduce → Hold | HSBC Securities |
| 12/14/2023 | Hold → Buy | Odeon | |
| 10/11/2023 | Underperform → Neutral | BofA Securities | |
| 9/7/2023 | $110.00 | Reduce | HSBC Securities |
| 7/21/2023 | Buy → Hold | Odeon | |
| 4/6/2023 | $157.00 → $125.00 | Mkt Perform → Underperform | Keefe Bruyette |
BofA Securities upgraded PNC from Neutral to Buy and set a new price target of $200.00 from $185.00 previously
UBS upgraded PNC from Neutral to Buy and set a new price target of $179.00 from $165.00 previously
HSBC Securities upgraded PNC from Reduce to Hold and set a new price target of $155.00 from $141.00 previously
Generated Positive Operating LeverageFourth Quarter 2024 net income was $1.6 billion, $3.77 diluted EPSGrew NII and NIM; increased deposits and capital PITTSBURGH, Jan. 16, 2025 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) today reported: For the quarter For the year In millions, except per share data and as noted 4Q24 3Q24 2024 2023 Fourth Quarter Highlights Financial Results Comparisons reflect 4Q24 vs. 3Q24 Net interest income (NII) $ 3,523 $ 3,410 $ 13,499 $ 13,916 Income Statement ▪ Net interest income increased 3% and NIM expanded 11 bps ▪ Fee income decreased 4%, due to elevated 3Q24 residential mortgage and capita
PITTSBURGH, Jan. 3, 2025 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE:PNC) declared a quarterly cash dividend on the common stock of $1.60 per share. The dividend will be payable Feb. 5, 2025, to shareholders of record at the close of business Jan. 15, 2025. The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterly dividend of 45 cents per share will be payable March 10, 2025, to shareholders of record at the close of business Feb. 14, 2025.Series T: a quarterly dividend of $850.00 per share ($8.50 per each depositary share, 100 of which represent one share of Series T preferred stock) with a payment d
PITTSBURGH, Dec. 5, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) expects to issue financial results for the fourth quarter and full year 2024 at approximately 6:30 a.m. (ET), Thursday, Jan. 16, 2025, as previously announced. PNC Chairman and Chief Executive Officer William S. Demchak and Executive Vice President and Chief Financial Officer Robert Q. Reilly will hold a conference call for investors the same day at 10 a.m. (ET). Dial in numbers are (866) 604-1697 and (215) 268-9875 (international). The following will be accessible at www.pnc.com/investorevents: a link to the live audio webcast on the day of the conference call; presentation slides, earnings release an
8-K - PNC FINANCIAL SERVICES GROUP, INC. (0000713676) (Filer)
8-K - PNC FINANCIAL SERVICES GROUP, INC. (0000713676) (Filer)
144 - PNC FINANCIAL SERVICES GROUP, INC. (0000713676) (Subject)
4 - PNC FINANCIAL SERVICES GROUP, INC. (0000713676) (Issuer)
4 - PNC FINANCIAL SERVICES GROUP, INC. (0000713676) (Issuer)
4 - PNC FINANCIAL SERVICES GROUP, INC. (0000713676) (Issuer)
SC 13G/A - PNC FINANCIAL SERVICES GROUP, INC. (0000713676) (Filed by)
SC 13G/A - PNC FINANCIAL SERVICES GROUP, INC. (0000713676) (Filed by)
SC 13G/A - PNC FINANCIAL SERVICES GROUP, INC. (0000713676) (Filed by)
Generated Positive Operating LeverageFourth Quarter 2024 net income was $1.6 billion, $3.77 diluted EPSGrew NII and NIM; increased deposits and capital PITTSBURGH, Jan. 16, 2025 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) today reported: For the quarter For the year In millions, except per share data and as noted 4Q24 3Q24 2024 2023 Fourth Quarter Highlights Financial Results Comparisons reflect 4Q24 vs. 3Q24 Net interest income (NII) $ 3,523 $ 3,410 $ 13,499 $ 13,916 Income Statement ▪ Net interest income increased 3% and NIM expanded 11 bps ▪ Fee income decreased 4%, due to elevated 3Q24 residential mortgage and capita
PITTSBURGH, Jan. 3, 2025 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE:PNC) declared a quarterly cash dividend on the common stock of $1.60 per share. The dividend will be payable Feb. 5, 2025, to shareholders of record at the close of business Jan. 15, 2025. The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterly dividend of 45 cents per share will be payable March 10, 2025, to shareholders of record at the close of business Feb. 14, 2025.Series T: a quarterly dividend of $850.00 per share ($8.50 per each depositary share, 100 of which represent one share of Series T preferred stock) with a payment d
PITTSBURGH, Dec. 18, 2024 /PRNewswire/ -- PNC Bank, N.A. announced a decrease in its prime lending rate. The new rate of 7.50% is effective tomorrow, Dec. 19, 2024. PNC Bank, National Association, is a member of The PNC Financial Services Group, Inc. (NYSE:PNC). PNC is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. Fo
Presented by Frito-Lay, Quaker, and the PepsiCo Foundation, Super Bowl LVIII's Largest Philanthropic Event Supports GENYOUth's Mission to Help Tackle Youth Hunger Nutrition Grant Opportunity Opens for U.S. Schools NEW YORK, March 21, 2024 /PRNewswire/ -- GENYOUth, the national nonprofit organization founded by America's dairy farmers and the NFL to help ensure students are well-nourished and active to be their best selves, announced today that the collective impact of the 2024 Taste of the NFL philanthropic event totaled $2.0 million. These funds, the largest raised by a Taste of the NFL event since its founding in 1992, will benefit 1,000 schools and 550,000 students by increasing access
PITTSBURGH, Feb. 20, 2024 /PRNewswire/ -- The PNC Financial Services Group (NYSE:PNC) today announced that its Board of Directors has unanimously appointed Michael P. Lyons president of the corporation and its wholly owned banking subsidiary, PNC Bank, National Association, effective immediately. Lyons will report to William S. Demchak who will continue in his current roles as Chairman and Chief Executive Officer of the corporation. PNC's primary operating lines of business and the Regional Presidents Office will report to Lyons. "For more than a decade, Mike has been a vital
Seasoned Executive Will Launch Capital Solutions Practice in London, Providing a Full Range of Secondary Liquidity and Related Capabilities for EMEA Harris Williams, a global investment bank specializing in M&A and private capital advisory services, today announced that Jonathan Abecassis has joined the firm's London office as a managing director in the firm's Private Capital Advisory Group, focused on providing a full range of primary and secondary advisory and related capabilities for clients in Europe. Mr. Abecassis most recently served as a managing director and head of capital solutions and GP advisory in the EMEA and APAC regions at Credit Suisse. "We are thrilled to add Jonathan